Retirement and pals that may never get there (spouses, relatives, friend)
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I always marvel that people take umbrage when certain questions are asked, about finances or anything else.
I don't care that my (true and decades-long) friends know what I have or what I make. So what. Over the years some times our discussions have been specific, some times they haven't. Whatever. If I was ever specific I did it so I could learn from them, if I thought they had some info that might educate me.
And if it's an acquaintance that you doesn't know as well as well, there are ways to answer that question without being specific, should you choose not to be. Some very good non-sarcastic, helpful examples have been given here.
I've never been a "that's none of your business" kind of person. I don't necessarily going around volunteering certain info to anyone and everyone. But I also don't get bent out of shape, if I'm asked a question.
If you work for an employer who offers a pension and a salary schedue folks pretty much know what you make and since they have the same pension plan they can pretty much figure out your pension if they know how long you have been there. The only thing they wouldn't know might be your investment and savings returns and expenses. It is one thing to discuss a persons income flow with them and another to discuss their spending habits/costs.
Originally Posted by Listener2307 Have you been talking to my brother in law?
He JUST CAN'T understand, and his question is always the same, "How much money do you make a month"? Different words, same question - over and over.
Quote:
Originally Posted by Submariner
I do not mind telling anyone who is actually interested.
I get $1480/month.
In the end I have answered his question by telling him how much we need each month. That actually seemed to satisfy him, and may have been his question all along.
Just retired here at age 60, and I've run into a few friends (in-laws and work acquaintances) who are a little insistent on information about how it's done. In general, these are well-meaning folks my age or older with a long history of bad financial decisions. Their first question is usually: "How much money do you HAVE?" I hate that question for a lot of reasons.
Just wondering if anyone has a good way of dealing with some of the post-retirement questions along these lines. I have no desire to offend anyone, but at the same time it seems prudent to avoid the more pointed questions.
Any interesting ways of handling this semi-delicate situation?
TIA.
"You must be so embarrassed to have asked me such a personal question."
Just tell the nosy Parkers "I have enough money to last me the rest of my life - as long as I don't live past Tuesday".
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